Artificial Intelligence (AI) in Construction Market was valued at US$ 325.7 million in 2018 and is expected to reach a value of US$ +1850.5 million for 2027 at a compound annual rate of +33% during the forecast period 2018-2027.
Artificial intelligence is the concept of machines that can perform tasks in a way that mimics the complex capabilities of human intelligence such as recognition, planning and decision making. The increase in digital data is also driving artificial intelligence in construction market. This encourages construction companies to adopt advanced analytical solutions to take full advantage of the huge amount of digital data and extract actionable information.
Report Consultant added an innovative statistical data of Global Artificial Intelligence (AI) in Construction Market. To discover the different aspects of the business, this report uses exploratory techniques, such as primary and secondary research. It provides a valuable source of data, which helps to make complicated decisions in business. The research analyst provides an elaborated description of different verticals of businesses. Our Global Artificial Intelligence (AI) in Construction Market research analysis includes the study strengths, restraints, and major threats impacting the growth of the market.
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Top Key Players of Artificial Intelligence (AI) in Construction Market:
IBM (US), Microsoft (US), Oracle (US), SAP (Germany), Alice Technologies (US), eSUB (US), Smartvid.io (US), Aurora Computer Services (England), Autodesk (US), and Building System Planning (US).
The primary regions covered in this report are North America, APAC, LMEA, and Europe. The study covers the depletion of these regions in terms of volume and value and offers an analysis based on end users, sales, and application.
On the basis of various vital market verticals such as the industrial volume, product estimating, manufacturing volume, dynamics of demand and supply, revenue and growth of rate in the market in each of the regions. This quick study scrutinizes the Artificial Intelligence (AI) in Construction Market and discloses an assessment of its growth and determination. The other outlook that was systematized is the analysis of the key products in the market by considering the large revenue of the manufacturers
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Mentioning about the growth drivers and restraints that offered a thorough segmentation of the Artificial Intelligence (AI) in construction market, which probes into the competitive landscape. It impacts on the market-leading meticulous tools to comprehend the predictions and downsides that is piled up for the players. It also states importance on different stratagems exercised by the companies in order to prosper.
In This Study, The Years Considered To Estimate The Size Of Artificial Intelligence (AI) in Construction Market Are As Follows:
- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2027
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